India
ESR has appointed Dalmar Sheikh as CEO of ESR Data Centres.
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Blue Pool Capital raises $1.4b for PE fund Riverside
GEMGO II is more than double the $238m deployed by Siguler Guff in India through its previous fund.
In May, the accelerator offloaded a 1.45% holding in the fintech company.
The deployment was enabled by recycling repayments and exit proceeds.
Mirae Asset Venture Opportunity Fund II, has a target of Rs 1,800 crore ($188m)
The fund is part of a $3.5b global fundraising exercise across four vehicles.
The funds will be deployed to strengthen underwriting, actuarial, catastrophe-modelling, and AI capabilities.
IFC has also proposed a delegated co-investment envelope of up to $20 million.
The fundraising will be executed via a combination of equity shares and fully convertible warrants.
Philippines
Lending growth may shift towards MSMEs as competition intensifies in retail segment.